Did StubHub Just Put Its San Francisco Office On The Market?
A busy few weeks for StubHub now has some potential real estate implications.
Eight floors of San Francisco's 199 Fremont St., including three occupied by the online ticket exchange and resale company, have hit the market, the San Francisco Business Times reports.
The apparent availability comes about one month after eBay finalized its sale of the S.F.-based company to Viagogo, a European ticket-selling company and erstwhile rival of StubHub, and as office space in downtown San Francisco comes at a premium.
StubHub has called S.F. home since it was founded in 2000 and through eBay's acquisition of it in 2007. On behalf of StubHub, eBay signed a lease for about 140K SF at 199 Fremont St. to accommodate its growing StubHub workforce in 2013.
Neither StubHub nor its new owner immediately responded to requests for comment.
The SoMa mid-rise is owned by a subsidiary registered to an address of German real estate investment manager GLL Real Estate Partners, according to San Francisco property records. Another notable tenant is Google-owned exercise tech company Fitbit. Avison Young principals John Cashin and Nick Slonek are representing the owner in the listing, the Business Times reports.
Cashin, Slonek and GLL didn't immediately respond to a request for comment.
